, more victims of the cia murder machine, operation condor never ended
looking forward to when i get shot for posting on the zone
pro fucking read.
Published 15 May 2016
“I'm ready to do it to radicalize the Revolution,” said Venezuelan President Nicolas Maduro. "Those who don't want to work can leave," he said.
Venezuelan President Nicolas Maduro on Sunday told a crowd of supporters that in order to increase productivity and help alleviate basic products scarcity, all businesses and factories closed down by their owners would be given to the workers so production could be restarted.
“A stopped factory (is) a factory turned over to the people, the moment to do it has come, I'm ready to do it to radicalize the Revolution,” said Maduro.
Maduro has accused the factory owners of deliberately sabotaging production in order to cause harm to the government.
The demonstration was organized in support of the "communal economy,” which are small and medium production projects supported and coordinated by community councils and communes. These instances of grassroots and direct democracy are collectively known inside Venezuela as the “Communal Power.”
“I'm ready to hand over to the Communal Power any factory stopped by any rich person in this country … Whoever doesn't want to work should leave and those who do are welcome, we will go united. This country needs all of its economic structure to be functioning,” stated President Maduro.
The president said he would approve the funding of seven large-scale projects under Communal Power in order to kick-start food production and distribution.
Maduro declared a 60-day state of emergency on Friday, in part to address a shortage of food and medicine in the country.
The decree gives the president greater discretion to use funds to address the severe shortages and drought that Venezuela faces.
The president said the decree has three main objectives: to boost domestic production, to strengthen the new system of food distribution direct to people's homes, and to strengthen the social programs or “missions."
The Venezuelan government is trying to steer food production and distribution directly into the people's hands through what are known Local Committees for Supply and Production, or CLAP.
Venezuelans have recent experience in handling the distribution of food. In 2002, oil production was paralyzed, which crippled the economy. As a result, the people took charge and ensured that what was available was distributed to those in need.
jiroemon1897 posted:Stalin was right.
True.
"Having consolidated its power, and taking the lead of the peasantry, the proletariat of the victorious country can and must build a socialist society."
I had seen a headline about Maduro enacting a state of emergency but hadn't read much past it. now I see that they are literally seizing the means of production and continuing the actually existing revolution and making concrete moves towards establishing and consolidating real socialism.
Naturally a quick google news headline search shows the media are already way ahead of drwhat and accusing venezuela of basically all the same kind of shit they say about north korea and victim blaming the third world for not having all the infinite resources of the imperial white power strongholds.
http://www.reuters.com/article/us-venezuela-usa-idUSKCN0Y42MT
But the two officials, briefing a small group of reporters in Washington, predicted that Maduro, who heads Latin America’s most ardently anti-U.S. government and a major U.S. oil supplier, was not likely to be able to complete his term, which is due to end after elections in late 2018.
They said one “plausible” scenario would be that Maduro’s own party or powerful political figures would force him out and would not rule out the possibility of a military coup. Still, they said there was no evidence of any active plotting or that he had lost support from the country’s generals.
Even though oil is a less important production input than it was three decades ago, that reasoning should work in reverse when oil prices fall, leading to lower production costs, more hiring, and reduced inflation. But this channel causes a problem when central banks cannot lower interest rates. Because the policy interest rate cannot fall further, the decline in inflation (actual and expected) owing to lower production costs raises the real rate of interest, compressing demand and very possibly stifling any increase in output and employment. Indeed, those aggregates may both actually fall. Something like this may be going on at the present time in some economies. Chart 3 is suggestive of a depressing effect of low expected oil prices on expected inflation: it shows the strong recent direct relationship between U.S. oil futures prices and a market-based measure of long-term inflation expectations.
Being near the zero bound also can imply a “perverse” response to higher oil prices. When central banks are battling deflation pressures, they are unlikely to raise policy interest rates aggressively to counter an uptick in inflation. As a result, oil price increases, symmetrically, can be expansionary by lowering the real interest rate.
Of course, it would be wrong to conclude that central banks can enhance the benefits of current low oil prices by raising their policy interest rates. On the contrary, all else equal, that action would harm growth by raising real interest rates. Our claim is simply that when an oil importer’s macroeconomic conditions warrant a very low central bank interest rate, a fall in oil prices could move the real interest rate in a way that runs counter to the positive income effect.
https://blog-imfdirect.imf.org/2016/03/24/oil-prices-and-the-global-economy-its-complicated/
MarxUltor posted:huh. my roommate just walked past and asked when I was "moving to the socialist paradise of venezuela," then mentioned that "all kinds of shit was hitting the rails down there" and asked if I paid any attention to the news. he meant it mockingly.
cars posted:venture capital firms have been betting recently on big oil price increases in the near future, suggesting they know the price has been kept low by design. this price fixing was done for the purpose of destabilizing venezuela and brazil and weakening russia if possible.
It seems very possible that the Saudis (and their oil output) are based on the expectation that alternative energy sources will dethrone oil in the not too long term. I hope it isn't just to hurt Iran and US frackers. That'd be pretty silly.
Whatever the reasons, I'm sure the US will take whatever steps prove necessary to protect precious transnational companies from nationalization.
they know exactly what's going on, i'd say it's an open secret but it's pretty much just open at this point
chickeon posted:it's pretty much just open at this point
yes if you care to look. the vast majority would rather complain that they're Taxed Enough Already
chickeon posted:the business press has all but explicitly acknowledged that the price tanked as a means of economic warfare
they know exactly what's going on, i'd say it's an open secret but it's pretty much just open at this point
i agree, but why do the saudis do it
chickeon posted:vassals do what they're told most of the time and then yeah they want to destroy Iran and hasten the ongoing destruction of Syria. and they can clearly afford to do it
is the line that they're running a deficit cos of low oil prices and are trying to keep themselves afloat and driving oil prices down even further, 100% propaganda or only 90%